Tax Lien Question
Quick Question: If you find an owner that has a lien and is about to lose the property. Can you get them to deed you the property before the sale, and then get someone thats looking for that kind of home to pay you a down payment to move in, using that to clear the lien? Then rent it out.
Example:
125k house
7k lien
you get them to deed you the property, market the property.
Find a renter, that pays 7k down to move-in and X amount monthly. = Cash Flow, because since the property was deeded over to you it is yours also the lien was then cleared.
But is this legal?